US government has to burn $3 billion in faulty banknotes

The problems with the new US 100 dollar bill aren't over yet. Some of the new notes have had too much ink in the printing process resulting in blurred images. Because these notes were already mixed with the proper ones, the only solution was to destroy the whole batch. A batch worth 3 billion dollar...

The Bureau of Engraving and Printing still thinks that the October release is possible for the new banknote.

Steven Friday 16 August 2013 at 10:06 am | | news
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